Seedcamp invested in Riff in 2020.
Seedcamp is a European seed-stage venture capital fund which was launched in London in 2007. Seedcamp has a successful track record of being the earliest backer of a number of leading companies such as Revolut, Wise, Hopin and UiPath. Seedcamp tend to have standard investment and legal terms for the pre-seed round and will follow the terms of lead investors at the seed round. Seedcamp will lead pre-seed investment rounds but will partner with other lead investors for seed rounds. Seedcamp tends to invest £300k in exchange for 6-7% at the pre-seed level and £500k at the seed level.
Riff is a voice-first chat tool designed for teams working remotely. Riff is the digital equivalent of turning to a colleague in an open-plan office.
Seedcamp were impressed by the Riff founders' vision to reduce the pain that teams have in making communications more spontaneous and more relevant which is increasingly important for distributed teams.
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